Ask about Hyperliquid
Key Metrics
Fees 30d$78.61m
Fees 30d by chain
Hyperliquid L1$78.61m
Fees 7d$13.94m
Hyperliquid L1$13.94m
Fees 24h$2.92m
Hyperliquid L1$2.92m
Cumulative Fees$1.554b
Hyperliquid L1$1.554b
Revenue 30d$61.4m
Revenue 30d by chain
Hyperliquid L1$61.4m
Revenue 7d$10.67m
Hyperliquid L1$10.67m
Revenue 24h$2.19m
Hyperliquid L1$2.19m
Cumulative Revenue$1.255b
Hyperliquid L1$1.255b
Holders Revenue 30d$61.4m
Holders Revenue 30d by chain
Hyperliquid L1$61.4m
Holders Revenue 7d$10.67m
Hyperliquid L1$10.67m
Holders Revenue 24h$2.19m
Hyperliquid L1$2.19m
Cumulative Holders Revenue$1.255b
Hyperliquid L1$1.255b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$699.67m
$61.4m
$10.67m
$2.19m
$1.255b
DEX Volume 30d$5.1b
DEX Volume 30d by chain
Hyperliquid L1$5.1b
DEX Volume 7d$949.47m
Hyperliquid L1$949.47m
DEX Volume 24h$157.05m
Hyperliquid L1$157.05m
Cumulative DEX Volume$166.337b
Hyperliquid L1$166.337b
Perp Volume 30d$229.082b
Perp Volume 30d by chain
Hyperliquid L1$229.082b
Perp Volume 7d$44.361b
Hyperliquid L1$44.361b
Perp Volume 24h$9.353b
Hyperliquid L1$9.353b
Cumulative Perp Volume$5.295t
Hyperliquid L1$5.295t
Liquidation Volume 30d$2.485b
Liquidation Volume 30d by chain
Hyperliquid L1$2.485b
Liquidation Volume 7d$249.07m
Hyperliquid L1$249.07m
Liquidation Volume 24h$50.39m
Hyperliquid L1$50.39m
Cumulative Liquidation Volume$33.171b
Hyperliquid L1$33.171b
$6.905b
Market Cap$17.534b
$HYPE Price$78.84
$75.299b
$30.604b
$HYPE Volume 24h$716.02m
CEX Volume$193.79m
DEX Volume$511.09m(71.38% of total)
Protocol Information
Hyperliquid is a Layer 1 blockchain best known for perpetual futures and spot trading. Beyond its flagship decentralized exchange (DEX), the ecosystem supports borrowing, lending, RWAs, and a full-fledged EVM.
- Hyperliquid BridgeBridge
- Hyperliquid HLPDerivatives
- Hyperliquid PerpsDerivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Liquidation Volume: USD value of positions liquidated by the protocol
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Frequently Asked Questions
What is Hyperliquid's TVL?
Hyperliquid currently has $6.739b in total value locked. TVL has increased 11.8% over the past 30 days.
What chains does Hyperliquid operate on?
Hyperliquid operates on 2 chains: Hyperliquid L1 and Arbitrum. Hyperliquid L1 holds the largest share at 93.4%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $78.61m in fees. Of that, $61.4m was protocol revenue. Based on the trailing year, the annualized rate is $928.5m in fees and $699.67m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $78.84. Its circulating market capitalization is $17.534b, ranking it #12. Its fully diluted valuation is $75.299b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 4.4% over the past 7 days and up 38.4% over the past 30 days. Its all-time high is $89.6, reached on Sep 6, 2026. The token is currently 12% below that level.
Which protocols are included in Hyperliquid?
Hyperliquid is a parent protocol whose tracked products include Hyperliquid Bridge, Hyperliquid HLP, Hyperliquid Spot Orderbook, and Hyperliquid Perps.
How much trading volume does Hyperliquid process?
Hyperliquid processed $5.1b in DEX volume over the past 30 days.